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Times-Picayune to cut publication to 3 days a week - Yahoo! News

Times-Picayune to cut publication to 3 days a week - Yahoo! News: "NEW ORLEANS (AP) — New Orleans' daily newspaper, The Times-Picayune, will switch to publishing three days a week starting in the fall and plans to increase its focus on online news.
The 175-year-old paper announced Thursday the formation of a new company — NOLA Media Group — which includes The Times-Picayune and its NOLA.com website affiliate.
The announcement said there will be unspecified staff reductions.
Times-Picayune publisher Ricky Mathews, who will be president of the new venture, said the changes were necessitated by upheaval in the newspaper industry.
Mathews said the newspaper will be home-delivered and sold in stores on Wednesdays, Fridays and Sundays.
A second new company, Advance Central Services, will print and deliver the newspaper."

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